BEIJING (Asian Metal) 10 May 22 – As vanadium alloy price kept moving down, Chinese vanadium pentoxide flake 98%min prices could hardly get effective support and market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB134,000-136,000/t (USD9.4-9.5/lb V2O5) EXW D/P, down by RMB1,000/t (USD0.1/lb V2O5) from late last week. Considering that the weak mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep moving down in the coming week.
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